Basic Economics

The basic economics behind the rich getting richer and the poor getting poorer . . . here's the big deal,

Are they really?

Category:

Education

Tags:

• basic
• economics

[Nosam09]

She left out a lot of key information. You can tell she has a little bit of money and trying to make it seem like the rich didn't get richer because of lower wages and higher bonuses. She needs to talk about the NAFTA treaty which allowed business to outsource labor and products cheaply . I can go on and on for days. I think I might make a you tube clip of my own about this topic.

[pr0gm3r]

There is no self-made millionaires, because he needs help from other people (i.e. connections). There is some interaction with other people., so it is not self made.

[GetHealthyHQ]

Thanks for making this so clear and informative. I think a lot of people would benefit from actually knowing how economics worked before they go off making their cases about social stratification that capitalism causes. They forget social mobility happens both ways

[FutureClassicMedia]

Basic economics for the average person. Love it.

[Escalantej1]

I didn't know that half the people below the poverty line where out within 2 years.

[JamesMasonBlog]

Great video on basic economics.

Good that you point out that 80% of the top wealthy were self made millionaires.

[datpace]

Very interesting and timely economics information.

[jsbatts]

Great info on economics.  Great info to get down the basics.

[misterp4misterp]

I share your views. great vid

[babysittinglady]

This is great information on basic economics. Thanks for the tips.